Upper Mugu Karnali Hydropower Project to Be Built with NPR 55.33 Billion Investment

Banking News – Preliminary work has begun on the 306 MW Upper Mugu Karnali Hydropower Project, a semi-reservoir-based project to be developed in Karmarong Rural Municipality and Chhayanath Rara Municipality of Mugu District. The project is being promoted by Elevate Energy, which has already initiated the process of obtaining a power generation license. The company…